Ho Chi Minh City seeking investors for $37 million Saigon Silicon City (28/02/2023)
Ho Chi Minh City People’s Committee has requested the local Department of Planning and Investment select a new set of investors, following approval, to replace the current developers of the Saigon Silicon City project.

Vietnam attracts nearly US$535.4 million in FDI over two-month period (28/02/2023)
Vietnam attracted nearly US$535.4 million in foreign direct investment (FDI) in the first two months of the year, a decline of 85.1% against the same period from last year, according to the Ministry of Planning and Investment (MPI).

Support needed for Vietnamese digital technology enterprises to go global: insiders (28/02/2023)
Vietnamese digital technology enterprises have both advantages and challenges when going global, and support and coordination are needed, according to insiders.

Vietnam targets coconut product exports of 1 billion USD (27/02/2023)
Exports of coconut products were worth 900 million USD last year and are expected to top 1 billion USD this year, according to the Vietnam Coconut Association.

Vietnamese agricultural products increasingly welcomed in Belgium (27/02/2023)
More and more people in Belgium know about Vietnamese agricultural products and welcomed them.

Vietnam’s dragon fruit, banana, durian exports target US$2 billion in 2023 (27/02/2023)
The export of dragon fruit, banana and durian is expected to contribute US$2 billion to the country’s export turnover in 2023.

Vietnam posts US$1.7 billion trade surplus in mid-February (27/02/2023)
Vietnam has seen a trade surplus of US$1.68 billion in the year to February 15, with the surplus of the first half of February alone contributing US$1.1 billion, official data showed.

Vietnam becomes China’s top banana importer (27/02/2023)
Vietnam’s provinces see great opportunities for full-tax export of fresh bananas to the Chinese market after the protocol on phytosanitary requirements was signed in November 2022.

Vietnamese mindset about management causes problems (27/02/2023)
The recent stories about energy supply have once again exposed problems in Vietnam’s management thinking.

EU manufacturers eye offshore wind turbine plants in Vietnam (27/02/2023)
European manufacturers are considering investing hundreds of millions of dollars in European manufacturersto build wind turbine plants as the country gears up to exploit its large untapped potential in offshore wind, Reuters cited sources familiar with the situation as reporting.

Vietnam, Netherlands exalt smart agricultural collaboration (27/02/2023)
Vietnam and the Netherlands agreed to promote cooperation in innovation and creative agriculture during a working visit of Minister of Planning and Investment Nguyen Chi Dung to the European country from February 21-23.

FPT acquires Intertec International unit to expand in North America (27/02/2023)
Vietnam’s top technology firm, FPT, has announced the acquisition of the IT Services division of Intertec International to increase its footprint in North America.

Alcohol, tobacco and soft drinks face increase in excise tax (27/02/2023)
Alcohol, tobacco and soft drinks will be subject to an increased excise tax aiming to improve community health and tackle the national budget deficit as part of a comprehensive tax reform strategy for 2030.

Ministry assists exporters in optimising foreign distribution channels (24/02/2023)
The distribution systems of foreign retailers have become an effective and sustainable export channel, and the Ministry of Industry and Trade (MoIT) will continue to support domestic firms to make the most of this channel, said Deputy Minister of Industry and Trade Do Thang Hai.

Ho Chi Minh City to wipe out obstacles for foreign investors (24/02/2023)
Recommendations on the topic were sent by foreign business associations to the leaders of Ho Chi Minh City in a seminar on February 22 in Ho Chi Minh City.

Spain to pour funds into high-speed rail in Vietnam (24/02/2023)
Following the World Bank, Spanish and Japanese investors are also setting their sights on high-speed railways in Vietnam, including the north-south high-speed project.

Vietnam to export 7 million tons of rice this year (24/02/2023)
Vietnam’s rice export activity has shown positive signs early this year, with 6.5-7 million tons of rice forecast to be exported in all of 2023.

HCMC holds dialogue to remove difficulties for foreign businesses (23/02/2023)
The People’s Committee of Ho Chi Minh City, on February 22, held a meeting to resolve obstacles for foreign enterprises.

Foreign firms inject more investments into local retail sector (23/02/2023)
Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion THB (US$1.45 billion) in the 2023-27 period to accelerate its market presence in the country.

State urged to encourage more outward investment (23/02/2023)
Vietnamese businesses are steadily increasing their investments overseas, but there is still a strong reliance on the purchasing of shares.